Defined Benefit

The government has launched a review of pre-pack insolvencies, the controversial practices that can enable companies to dump pension liabilities.

A dispute over the liability for local government pension scheme contributions has caused the breakdown of a Croydon Council procurement exercise.

Cookson Group (now Vesuvius) has hired Premier as third party administrator for its £500m defined benefit scheme.

The Pension Protection Fund has hired Barry Kenneth as its chief investment officer after it announced it may bring investment in-house from 2015.

Three pension funds have teamed up to launch a project to measure the relationship between governance structures of UK schemes and the costs of maintaining them.

Premier Farnell has set up a 23-year asset-backed funding structure to plug an £18m deficit in its UK scheme.

Private sector deficits have fallen for the third consecutive month as equity markets bounce back and falling yields slow down, research from the Pension Protection Fund reveals.

Naomi Rainey examines the impact of the high-profile court case

Aon Hewitt will work with the local government pension scheme committee and officers in managing the fund and meeting a number of regulatory requirements.

Train manufacturer Bombardier Transportation UK has selected Mercer to provide actuarial services to the trustees of its seven defined benefit schemes.